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Why does the world's biggest climate fund want India, China to step up?

Business Standard LogoBusiness Standard1d ago

Why does the world's biggest climate fund want India, China to step up? - Business Standard

Quick Summary:

Trump has upended humanitarian aid, development and climate finance sectors by halting funding.

It’s unclear what impact the funding withdrawal will have on the plans by the GCF, which invests in a range of sectors including climate resilient infrastructure and water-reuse programmes.

China and India, as the world’s biggest and third-largest greenhouse gas emitters and major economies, should step up their involvement she said, calling for a “coalition of the ambitious.” The US is the world’s second-biggest emitter and historically the biggest source of carbon stored in the atmosphere.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 12:11:43 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26612949

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 231 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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